Big Head & Shoulder pattern formed (H_1, S_1) and failed to go down hard
Another smaller Big Head & Shoulder pattern formed (H_2, S_2) Also failed to continue downtrend.
Watch BTCUSD closely in the next few hours/days
Below $12K is a good sell with a target to $8K then $6K and stop loss $12500
Above $16K is a good buy with a target to $19500 then $22K and a stop...
Classic Accumulation pattern showed by ADX, no Entry sign yet however given risk reward it looks good.
This should a couple of days to hit Target One, May be few more weeks to target 3.
Use trailing stop and adjust your stop loss as we move across Fib Targets